Bloomberg Business

Siemens Energy’s Troubles Mount on Wind Turbine Flaws

Siemens Energy AG’s efforts to finally return to profitability have been dealt yet another blow by its struggling Spanish wind turbine business with more product quality issues coming to light.

Vanished $4 Billion Brings Down Century-Old Retailer in a Week

Hours after revealing a scandal that would roil Brazilian markets, Sergio Rial joined a Zoom call with hundreds of panicked investors. It was an attempt to explain the $4 billion accounting gap that pushed him to quit his new job at the helm of retailer Americanas SA.

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